Bitcoin to 50K
There is NO doubt in my mind that Bitcoin will hit and break the 50K mark! The only BIG question is WHEN?
Below are two scenarios I put together based on market structure and technical analysis.
Scenario A
Price Rejects current support @ Zone A and pushes up to break flag pattern and resistance for a nice ride on the upside. Waiting for a perfect Buy entry @ Zone B.
Scenario B
Price breaks current support @ Zone A to retest Current trendline to respect and to push up breaking Zone A once again forming a double bottom for a perfect entry for a Buy.
Let me know in the comments below which Scenario you see playing out more.
Below are two scenarios I put together based on market structure and technical analysis.
Scenario A
Price Rejects current support @ Zone A and pushes up to break flag pattern and resistance for a nice ride on the upside. Waiting for a perfect Buy entry @ Zone B.
Scenario B
Price breaks current support @ Zone A to retest Current trendline to respect and to push up breaking Zone A once again forming a double bottom for a perfect entry for a Buy.
Let me know in the comments below which Scenario you see playing out more.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.